Coconut.
4+

Banking and accounting

iPhone Screenshots

Description

Coconut is the current account that takes care of your accounting and tax.

It’s designed for freelancers, self-employed people and small business owners. Available to UK Sole Traders and Limited Companies.

Our mission is to free millions of people from business admin worldwide by combining banking and accounting into one simple product.

Get a business account in minutes, not weeks

• UK business current account• Account number and sort code and Mastercard debit card• Send and receive payments and set up Direct Debits• Find your PIN, block and unblock your card straight from the app

• Create and send professional-looking invoices straight from the app• Manage your invoices, marking them off as they get paid• Instant notifications when you get paid or spend on your card

Sort your taxes

• Know how much tax your owe, with a sole trader tax estimate• Be prepared for your tax return, with our self-assessment report for sole traders• Get helpful guidance on what you can and can’t claim for your expenses

Awesome Customer Support

• Chat to our UK-based support team in the app• No bots, speak to humans

Our Roadmap

We’ve got big plans. To see what we’ve got planned, check out getcoconut.com/roadmap

So what now?

To open a Coconut account, just install the app, enter your email, select your company type and then follow the instructions to submit an application. You’ll need a few minutes spare and some valid ID handy (such as a driver’s licence or passport).

Once our team approves your account, then you’re ready to do business!

What’s New

Version History

1.5.5

28 Jan 2019

This is a minor bug fix release.

1.5.4

23 Jan 2019

Following the launch of our limited company accounts last month, we've added support for businesses with 2 owner/directors.

1.5.3

2 Jan 2019

We've made some small updates to our limited company and invoicing release.

1.5.2

18 Dec 2018

It's the big one! Invoicing is now live - a whole new tab which lets you create, send and manage professional looking invoices with ease. PLUS Limited company accounts are now live, initially supporting businesses with 1 shareholder/director, with support for 2 coming soon.

1.4.2

14 Nov 2018

We added some additional security to the app in our previous release which caused some users to get logged out (sorry). This update should stop that from happening - if you continue to have issues please get in touch with our support team through the app.

1.4.1

19 Oct 2018

This is a small update to lay some groundwork for limited company accounts.

1.4.0

10 Sep 2018

- Updated the transaction detail screen to change how you add receipts, notes and categories, as well as viewing tax claim guidance- Exchange rates now shown on your foreign purchases as well as showing when transactions are pending- A variety of stability improvements

1.3.0

2 Aug 2018

Introducing the Accounts tab: If you've been using Coconut a while, you'll be used to seeing your Transactions list and Card management on separate tabs. In this release, we've combined these into a single "Account" tab. This makes room for more of our planned features, like invoicing, multiple accounts and savings vaults.

1.2.1

27 Jun 2018

- Fixed a bug introduced by our previous 1.2.0 release that affected a small number of customers. Our apologies for that.

1.2.0

25 Jun 2018

- Statements: You can now export PDF bank statements straight from the app. Just tap on the Export icon above your transaction list, select your date range and select PDF statement.- Profile update: We've split your business and personal profiles out, so it's clearer which one you're managing.- Receipt names: If you export your receipts, they'll now have a more helpful naming convention for organising in folders.- Property income: We've made some fixes to the way property income and expenses impact your tax estimate.- Non UK mobiles: Some non UK mobile numbers weren't receiving text messages - now fixed.- OFX export: Our OFX export is now playing nice with Wave and FreeAgent.

1.1.1

30 May 2018

- New categories list: we’ve made it much clearer what each category means, and how they impact your tax estimate. Plus a few extras like fuel, web hosting and stationery. - GDPR: Manage how you hear from us, an updated privacy policy and a summary of your key terms. - Receipt tag: see which transactions you’ve added receipts to right from your transactions list. - Design updates: a new tax layout, the More tab cleaned up and the minimum text size increased.

1.1.0

24 Apr 2018

Our focus in this release has been improvements to on-boarding and expenses:

- You can now attach receipts from cloud storage like iCloud, Dropbox or Drive.- You can export individual receipts (more options to follow). - We now ask if you have a trading name during sign up, rather than just having this optional from your profile. - In-app chats no longer seemingly disappear when you're logged out.- We've made changes to the way transactions are handled which will address issues around pre-authorisations, declines and more.- You can now share your account details more easily from the Card tab.

Keep the feedback coming!

1.0.7

26 Mar 2018

Here's what's in store in this release:

- Export your data to CSV (to get into a spreadsheet or share with someone) and OFX (plays nice with other software). This should help while we work on integrations with other software.- Some fixes to the chat not working properly.- Fixed an issue with some transactions not displaying.- A sexy new card design.- Account details are now copyable to make it easier to share with other apps.- A simpler way of activating your card.

1.0.6

16 Feb 2018

Thanks for everyone's input during so far, we've made a ton of updates based on your feedback, including:

- Direct debits are now up and running- iPhone X fixes- Improved the overall stability- Tax calc fixes- Tackled some crashes that were affecting some people- Improvements to the waiting list

1.0.5

7 Feb 2018

We've made a few updates to fix some issues in the first release:

- Referral link is now working from the waiting list.- Updates to tax estimate and tax return features.- The activity view transition on scroll has been improved.- Some issues with direct debits displaying have been fixed.- Resolved a few bugs raised by customers (thanks!).

1.0.1

31 Jan 2018

* Contact support from the landing screen.* Some minor bug fixes.

1.0.0

23 Jan 2018

28 Jan 2019

Version 1.5.5

This is a minor bug fix release.

Ratings and Reviews

4.7 out of 5

57 Ratings

57 Ratings

Cholita_93
, 31/01/2019

The way forward for banking for freelancers!

Very easy to set up. My account was up and running in 24 hours and I received my card two days later. No issues and they just added the invoicing option. Life and time saving all in one app!

Cholita_93
, 31/01/2019

The way forward for banking for freelancers!

Very easy to set up. My account was up and running in 24 hours and I received my card two days later. No issues and they just added the invoicing option. Life and time saving all in one app!

benji__92
, 06/12/2018

The best app for freelancers!

Incredible customer service. Have only had one issue with login and the team were so responsive and friendly.A great app that makes my life so much easier!!

benji__92
, 06/12/2018

The best app for freelancers!

Incredible customer service. Have only had one issue with login and the team were so responsive and friendly.A great app that makes my life so much easier!!

mgzippy
, 31/01/2019

Simple

Very easy to use product great customer service. Had to get it working on my iPhone and the team had it sorted in minutes. Works great on both my iPad and iPhone.

mgzippy
, 31/01/2019

Simple

Very easy to use product great customer service. Had to get it working on my iPhone and the team had it sorted in minutes. Works great on both my iPad and iPhone.